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RE: Once Again...Pre-Mature Death Of Bitcoin

in #zappl7 years ago

Yes I did. The CME futures deal also means that other major retailers could start accepting BTC since there is a way for them to hedge against the swings in price ala what the airline and trucking industries do with gas/oil.

As much as I still do not believe that bitcoin (any of them) is suited to be "money", it appears some progress is being made in that area. I am still of the belief Wall Street will make it the store of value in the digital world.

If BTC can pull even just a trillion from the gold market, which is barely over 11%, we are looking at a huge increase in price.

I am also banking on a substantial increase in the price of steem and bts.

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